Disclosures as per Ind AS 37

For Provisions

For each class of provision, an entity shall disclose
the carrying amount at the beginning and end of the period
additional provisions made in the period, including increases to existing provisions
amounts used (ie incurred and charged against the provision) during the period
unused amounts reversed during the period; and
the increase during the period in the discounted amount arising from the passage of time and the effect of any change in the discount rate

An entity shall disclose the following for each class of provision
a brief description of the nature of the obligation and the expected timing of any resulting outflows of economic benefits
an indication of the uncertainties about the amount or timing of those outflows. Where necessary to provide adequate information, an entity shall disclose the major assumptions made concerning future events, and
the amount of any expected reimbursement, stating the amount of any asset that has been recognized for that expected reimbursement

Unless the possibility of any outflow in settlement is remote, an entity shall disclose for each class of contingent liability at the end of the reporting period a brief description of the nature of the contingent liability and, where practicable
an estimate of its financial effect
an indication of the uncertainties relating to the amount or timing of any outflow; and
the possibility of any reimbursement

Where an inflow of economic benefits is probable, an entity shall disclose a brief description of the nature of the contingent assets at the end of the reporting period, and, where practicable, an estimate of their financial effect, measured using the principles set out for provisions in paragraphs 36–52 of Ind AS 37.

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